Figures

Orlando Office Figures - Q1 2025

April 8, 2025 5 Minute Read

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  • First quarter absorption kicked off at positive 38,218 sq. ft., prompting the 10 bps decrease in vacancy quarter over quarter.
  • The current construction pipeline is empty with Downtown Orlando’s Westcourt project most likely to move forward over the next two years.
  • Average direct asking rents across Orlando sit at $27.68 per sq. ft., up 2.3% year over year.